You may very well be right, wadeja, about the real cost to the investors. If so, even better. They see something in this company that, obviously, a lot of other people on this board, including myself, see too.
The fact that I happened to pick up my shares .50 cheaper than them doesn't make them suckers any more than it makes me an investment guru. That's more a reflection on the ambiguities of the market. Over time, the market is pretty good at nailing the value of a company. However, emotions come into play with juniors, especially in the current economic uncertainty, and so there is always that weekly and monthly roller coaster ride that we love to hate.
Yes, for sure these investors are optimistic - and with good reasons. So am I. Rainy River has a LOT of potential. And if you believe the POG has a lot higher to move, as I believe it does, then look out! This stock is going to move.